IPFS News Link • Government Debt & Financing
House Passes Government Funding Bill with Bankster Derivatives Bailout Provision
• http://www.prisonplanet.com-Kurt NimmoHouse Republicans have pushed through a 1,600 page, $1.1 trillion dollar government spending bill containing a Citibank shepherded provision that puts the Federal Deposit Corporation on the hook for financial derivatives losses.
It passed late Thursday by a 219-206 vote.
Republicans who opposed the bill did so because it failed to block Obama's executive actions on immigration. House Democrats opposed the banking provisions and the easing of restrictions on contributions by big donors.
Obama disciplined wavering Democrats and instructed them to vote for the legislation. The bill now moves to a Democrat controlled Senate where it is expected to pass.




